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Bajaj Allianz Life Insurance is a joint venture between Bajaj Finserv and Allianz SE. [29] It offers insurance products for financial planning and security. [ 30 ] The company received the Insurance Regulatory and Development Authority (IRDA) certificate of Registration on 3 August 2001 to conduct life insurance business in India. [ 31 ]
Bajaj Finance Limited (BFL) is a deposit-taking Indian non-banking financial company headquartered in Pune. [ 6 ] [ 7 ] It has a customer base of 88.11 million [ 8 ] and holds assets under management worth ₹ 354,192 crore (US$41 billion), as of June 2024.
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Bajaj Group is an Indian multinational conglomerate founded by Jamnalal Bajaj in Mumbai in 1926. [2] [3] The group comprises 40 companies and its flagship company Bajaj Auto is ranked as the world's fourth largest two- and three-wheeler manufacturer. [4]
In December 2020, Bajaj started discussions on swapping its stake from KTM to KTM's controlling shareholder Pierer Mobility, a subsidiary of Pierer Industrie. [13] On 26 May 2008, Bajaj Auto Limited was split off into three corporate entities — Bajaj Finserv Limited (BFL), Bajaj Auto Ltd (BAL), and Bajaj Holdings and Investment Ltd (BHIL ...
Bajaj Finserv: Financials 82,073 20% 6,417 Pune 36 Motherson Sumi Systems: Automotive 79,281 23% 1,496 Noida: 37 Power Finance Corporation: Financial services: 77,625 2% 15,889 New Delhi Yes 38 ITC Limited: Consumer goods: 73,398 16% 19,192 Kolkata 39 Kotak Mahindra Bank: Banking 68,142 16% 14,925 Mumbai 40 IFFCO: Agriculture 63,386 46% 3,053 ...
Market analysts indicated in 2015 that Bajaj is shaping his company in a manner similar to GE Capital. [22] [23] In 2023, he led the launch of Bajaj Finserv Mutual Fund. [24] Bajaj was the deputy chairman of the Confederation of Indian Industry (CII) Western Region for 2018-19. [25]
Pune is a well known manufacturing and industrial center of India. With an estimated nominal GDP of Rs. 3,31,478 crores for year 2019–20, Pune District is the third largest contributor to the economy of Maharashtra, after Mumbai and Thane. Pune has the fifth largest metropolitan economy and the sixth highest per capita income in the country.